CATL drops hints of foray into battery supply to robots, other sectors

The full-fledged electrification of sectors such as medium-sized battery, engineering machinery, heavy-duty truck, ship and airplane has just begun, and in the long run, they will generate more growth possibilities for the company, said CATL.

Global lithium-ion battery leader CATL (宁德时代, 300750.SZ) today dropped hints that it has plans to supply battery packs to the emerging robotic industry.

On a stock interactive platform, CATL was queried about its thoughts on the humanoid Tesla Bot Optimus.

In addition, an investor also posed to the battery juggernaut questions whether it has already participated in projects to provide medium-sized batteries and related technologies to robotic firms.

In response, CATL said that the market space for human-shaped robots is immense, and that the company has already established a toehold in this segment as well as a market position as a leading battery supplier.

The full-fledged electrification of sectors such as medium-sized battery, engineering machinery, heavy-duty truck, ship and airplane has just begun, and in the long run, they will generate more growth possibilities for the company, said CATL.

Notably, there have long been signs of CATL’s intentions to branch out into robotics.

At the 8th Europe Forum 2022 in September last year, held by China Europe International Business School, Li Ping, vice chairman of CATL, told the audience that the battery heavyweight has set its sights on a move into service robotics.

“One of our biggest directions in the future is service rather than industrial robotics,” Li said then.

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Ni Tao

Ni Tao is the founder and editor-in-chief of cnrobopedia. Prior to cnrobopedia, he had a full decade of experience with a major state-run English-language newspaper as a tech reporter and opinion writer. He is also a communications specialist, having provided consultancy services to established firms like Siemens, Philips, ABinBev, Diageo, Trip.com Group (Nasdaq: TCOM, HK: 9961), Jianpu Technology (NYSE: JT) and a handful of domestic startups. A graduate of Fudan University, he writes widely about China's business and tech scenes and other topics for global publications including South China Morning Post, SupChina, The Diplomat, CGTN, Banking Technology, among others, and tries to impart his experience to students at Fudan University Journalism School, where he is a part-time lecturer. When he's not writing about robotics, you can expect him to be on his beloved Yanagisawa saxophones, trying to play some jazz riffs, often in vain and occasionally against the protests of an angry neighbor. Get in touch with him by dropping a line at nitao0927@gmail.com.

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